Tai Kam Holdings Limited provided consolidated earnings guidance for the three months ended 31 July 2020. Based on the preliminary assessment of the unaudited consolidated management accounts of the Group and the information currently available, the Group is expected to record a net loss of approximately HKD 1,000,000 for the three months ended 31 July 2020, as compared with a net profit of approximately HKD 558,000 recorded for the corresponding period in 2019. Such loss was primarily attributable to the decrease in the revenue and gross profit of the Group's business due to the negative effect arose from the outbreak of the coronavirus which affect the progress of several on-going construction projects and the overall economic depression in Hong Kong and the global.